After finishing at $12.60 in the prior trading day, CVB Financial Corp. (NASDAQ: CVBF) closed at $12.37, down -1.83%. On the day, 1197256 shares were traded. CVBF stock price reached its highest trading level at $12.73 during the session, while it also had its lowest trading level at $12.34.
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Our goal is to gain a better understanding of CVBF by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 when Olvera Jane bought 1,200 shares for $18.08 per share. The transaction valued at 21,695 led to the insider holds 1,200 shares of the business.
Farnsworth David F bought 1,000 shares of CVBF for $20,760 on Mar 13. The EVP & CCO now owns 41,392 shares after completing the transaction at $20.76 per share. On Mar 10, another insider, Harvey David C, who serves as the EVP Chief Operating Officer of the company, bought 1,000 shares for $21.60 each. As a result, the insider paid 21,596 and bolstered with 90,128 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVBF now has a Market Capitalization of 2.09B. As of this moment, CVB’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.91, and their Forward P/E ratio for the next fiscal year is 7.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.28 while its Price-to-Book (P/B) ratio in mrq is 0.86.
Stock Price History:
Over the past 52 weeks, CVBF has reached a high of $29.25, while it has fallen to a 52-week low of $10.66. The 50-Day Moving Average of the stock is 14.89, while the 200-Day Moving Average is calculated to be 23.24.
The stock has traded on average 1.55M shares per day over the past 3-months and 1.51M shares per day over the last 10 days, according to various share statistics. A total of 138.59M shares are outstanding, with a floating share count of 132.32M. Insiders hold about 0.30% of the company’s shares, while institutions hold 74.20% stake in the company. Shares short for CVBF as of Apr 27, 2023 were 9.22M with a Short Ratio of 9.22M, compared to 7.9M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.62% and a Short% of Float of 9.57%.
Dividends & Splits
In the trailing 12 months, CVBF’s forward annual dividend rate was 0.79, compared to 0.80 this year. Against a Trailing Annual Dividend Yield of 6.27%, it implies a Forward Annual Dividend Yield of 6.35%. The stock’s 5-year Average Dividend Yield is 3.23. The current Payout Ratio is 46.23% for CVBF, which recently paid a dividend on Apr 18, 2023 with an ex-dividend date of Apr 03, 2023. Stock splits for the company last occurred on Jan 02, 2007 when the company split stock in a 11:10 ratio.
Its stock is currently analyzed by CVB Financial Corporation different market analysts. The consensus estimate for the next quarter is $17.87, with high estimates of $14.84 and low estimates of $0.00.
Analysts are recommending an EPS of between $Financial Services and $Technology for the fiscal current year, implying an average EPS of $Financial Services. EPS for the following year is $Stocks, with Stocks analysts recommending between $Stocks and $Stocks.